Aggregated price index
Aggregated price index with volume information
- Energy Minerals stocks down 0.3% on average while median return down -0.0% in a day
- Energy Minerals stocks down 3.4% on average while median return down 4.1% in a week
- Energy Minerals stocks up 2.3% on average while median return up -9.5% in a month
- When average return is significantly different from median return, this implies an asymmetry - composite return is driven by some outliners.
Aggregated price index is based on equal weighted constituencies returns,Aggregated volume information is based on sum of all constituencies volumes
- 1M winners are : Winners for past month are $NOG 806.0%, $MARPS 154.4%, $HUSA 69.0%, $AR 25.9%, $MXC 24.5%
- 1M losers are : Losers for past month are $SM -28.3%, $HCC -28.7%, $BATL -29.3%, $NEXT -42.4%, $BTU -58.8%
- 1W winners are : Winners for past week are $MARPS 67.3%, $TGC 13.1%, $NC 10.9%, $GBR 10.0%, $TGS 9.7%
- 1W losers are : Losers for past week are $WPX -11.3%, $PBF -13.0%, $DK -13.1%, $PNRG -15.0%, $BTU -20.1%
Index correlation analysis
Correlation for the past month is 31.3%, for the past 3 months is 27.4%
In the past month for a 5 days rolling window, the highest corrrelation is 51.4%, the lowest correlation is 14.9%, the latest correlation is 51.4%
When a correlation deviated from the normal level and goes lower or even negative, it indicates some of stocks have deviated from the normal direction of the group. The deviation could reverse if long term level of correlation was at a higher level. It creates trading opportunities and deserves study whether the deviation is idiosyncratic or systematic.
Among pairwise correlation, the highest correlation is 93.6% between CNQ and CPG
The lowest correlation is -40.1% between AMPY and BTU
SunCoke Energy, Inc. (NYSE: SXC) plans to release its third quarter 2020 financial results on Friday, November 6, 2020, before trading opens on the New York Stock Exchange.
ConocoPhillips will buy Permian Basin shale company Concho Resources in the largest energy deal so far this year.
(Bloomberg) -- Oil in New York fell slightly under $41 a barrel after the OPEC+ Joint Ministerial Monitoring Committee made no mention of any changes to a plan to further ease oil-output cuts from January.Still, Saudi Oil Minister Prince Abdulaziz Bin Salman called on the OPEC+ alliance to be proactive in the face of uncertain demand, providing some reassurance for the market. Traders also are looking for signs that lawmakers in Washington can agree on a stimulus deal ahead of the election while...
LOS ANGELES, CA / ACCESSWIRE / October 19, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Peabody Energy Corporation ("Peabody" or "the Company") (NYSE:BTU) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.
Energy companies including Equinor (EQNR), Chevron (CVX), Shell (RDS.A) and BP plc (BP) had their offshore operations hampered due to Hurricane Delta's landfall.
Moody's Investors Service, ("Moody's") has downgraded the ratings of NuStar Energy L.P. (NuStar) and NuStar Logistics L.P. (NuStar Logistics), including the Corporate Family Rating (CFR) to Ba3 from Ba2, Probability of Default rating to Ba3-PD from Ba2-PD and ratings of senior unsecured notes to Ba3 from Ba2. The ratings of NuStar Logistics' subordinated notes and the ratings of preferred units issued at NuStar were downgraded to B2 from B1.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of CONSOL Energy Inc. New York, August 28, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of CONSOL Energy Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), rec...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of SunCoke Energy, Inc. New York, August 28, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of SunCoke Energy, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies),...